AgdaPkt 2008-01-28 Clsd and Reg - Laserfiche WebLink

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8A Page 1 . . REPORT To the Honorable Mayor and City Council From the City Manager January 28, 2008 SUBJECT The Preserve at Redwood Shores (Area H) RECOMMENDATION 1) Adopt a Resolution amending the General Plan land use map of the subject property from Low and Medium Density Residential, Commercial/Office, Open Space, and Urban Reserve to Medium Density Residential, Schools, Public and Quasi Public, and Open Space. (Attachment 1) 2) Introduce an Ordinance amending Article 60, Zoning Map 20 (Peninsula Neighborhood) to rezone the subject property from TP (Tidal Plain) to P (Planned Community) District. (Attachment 2) 3) By Resolution, adopt the Preserve at Redwood Shores Precise Plan with recommended changes (the <<Precise Plan"), adopting and incorporating the Mitigation Monitoring and Reporting Program into the Precise Plan, and making the required CEQA findings. (Attachments 3 and 4) BACKGROUND The City has received an application for a mixed use school/residential/open space development in Redwood Shores. The project referred to as "The Preserve at Redwood Shores" would be located on two parcels: a 109-acre parcel commonly known as Area H, and an undeveloped 5-acre parcel located adjacent to the southwest corner of Area H. Area H is the last major parcel of potentially developable land on the Redwood Shores Peninsula. Located on the north side of Shearwater Parkway at the northeastern edge of the Redwood Shores Peninsula, the Area H parcel consists of 109 acres of undeveloped land diked from tidal flows, including approximately 25 acres of degraded seasonal wetlands. Please refer to the location map in the Draft Precise Plan sent under separate cover. The proposed development of the 114-acre site includes a restored tidal wetlands area of 92.5 to 93.5 acres (including levees, public access trail, and a channel/lagoon), 144 to 158 townhomes, a 7 -acre eiementary school site to serve up to 450 students, and a 3.5-acre neighborhood park, together with levees, site circulation, public access, and utilities. Over the years there has been a growing shortage of classroom space for children residing in Redwood Shores. The Belmont-Redwood Shores School District schools are now at capacity and do not have sufficient capacity to serve the projected population growth. As a result there was a community effort to locate a new elementary school in the area. The Belmont-Redwood Shores School Board and its appointed New Shores School Advisory Committee conducted a total of 10 public meetings over an 8-month period to evaluate new school site alternatives. They recommended The Preserve at Redwood Shores as the